Today’s OTC Stock: Time to Reconsider PURESNAX INTERNATIONAL INCORPORATED (PSNX)?

November 28, 2016 - By Ruchi Gupta

Penny stock shareholders are becoming inquisitive about PURESNAX INTERNATIONAL INCORPORATED (OTCMKTS:PSNX), following the fact that the share price has moved $-0.0002, reaching the $0.0025 price level in a recent trade.

A big benefit of investing in small-cap shares is that there is a prospect to outpace the institutional investors. In addition, mutual funds have limits controlling their power to purchase large lots of any one firm’s outstanding shares.

It’s the latest price, but let’s analyze how the stock has been doing recently. In the past year, PURESNAX INTERNATIONAL INCORPORATED’s stock was big mover. According to the short interest report published recently, (PSNX) had 4,000 shorted shares for 0 days to cover. The prior short interest was 49,900 for a $-91.98 change. The 52-Week High and Low are noted here. -99.72% (High), Infinity, (Low). The stock had 18.39 million average volume.

Is stock price of PURESNAX INTERNATIONAL INCORPORATED Set to Getaway to Their Potential? Register for Our Newsletter and Know the Inside Scoop!

As seen in stock market, the first point in investing in penny shares is to earn money. A popular trait of penny shares is that they move quickly and are extremely volatile. Penny shares are mainly stocks of small cap firms that can be open to change in industry conditions and stock market sentiments. Though penny shares are generally stated to be dicey, a trader can make massive amount of money in a short period of time, as against bigger, so-named ‘blue chip’ shares and mutual funds, which need a long-term plan.

Needless to state, investing in penny stock is not a right choice for the risk-averse, and only non-essential disposable income or ‘play money’ should be put in penny stocks. In no way are these stocks termed as the conservative investments and traders who play them are willing to take risks with invested capital. Penny stock shareholders must be prepared to put on stake their entire investment. Penny stocks trade fast in directions, recording massive downticks or upticks in few hours.

Receive Breaking Updates by Enrolling to our Newsletter! Hit on the Bar Below and Explore About Stocks that are Set to Make a Run!

Anticipated penny stock investors should learn and gain knowledge of the penny stock market. They must conduct intense research of a firm they might want to invest their money into. Learning can start by enrolling to a penny stock newsletter which offers informative penny stock recommendations. Gathering data as much as you can that is related to the penny stock world is tremendously vital if you want to earn money in trading. It is highly suggested that you enter into the market with a small amount of capital to lessen the risk if you incur a loss.

Disclaimer: The information, views, and opinions expressed in this publication are those of the writers and do not necessarily shows the position or official policy of any company financial professionals, analysts or stakeholders. Examples of assessment performed within this publication are just examples. They should not be used to make financial decisions or stock portfolio as they are based merely on open source and limited information. Assumptions taken within the study are not indicative of the position of any financial professionals or analysts.

More notable recent Puresnax International Inc (OTCMKTS:PSNX) news were published by: Seekingalpha.com which released: “PureSnax International Inc.: Overvalued, But Up Next For A Stock Promotion?” on November 23, 2015, also Marketwired.com with their article: “PureSnax International Strengthens Management Team – Appoints Experienced …” published on November 06, 2015, Marketwired.com published: “PureSnax to Attend Natural Products Expo East 2016 in Baltimore” on September 20, 2016. More interesting news about Puresnax International Inc (OTCMKTS:PSNX) were released by: Marketwired.com and their article: “Functional Food and Healthy Snacks Company PureSnax International Now Publicly …” published on November 03, 2015 as well as Marketwired.com‘s news article titled: “PureSnax Delivers on Initial Purchase Orders for Wow! Krazee Korn” with publication date: August 23, 2016.

PureSnax International, Inc. intends to manufacture, distribute, sell and market various products within the health foods and snacks industry by exploiting the trademarks acquired through the license agreement. The company has a market cap of $1.06 million. PureSnax International is a wellness brand focused on bringing snacks and foods to consumers. It currently has negative earnings. The Company’s product categories include popcorn, candied popcorn, marshmallow squares , protein bars, mints, gum and various condiments, as well as offering Wow it’s Not Sugar! Xylitol.